StockFetcher Forums · Filter Exchange · ATR Entry<< >>Post Follow-up
novacane32000
331 posts
msg #155885
Ignore novacane32000
2/20/2021 7:56:07 PM

Need help adding an entry of .5 *ATR(6) to a filter.

I want to enter at .5 * ATR (6) of the high of the day.

This is not working

set{A, ATR(6)}
set{B, A * .5}
set{ entry, B + High}

nibor100
1,031 posts
msg #155891
Ignore nibor100
2/21/2021 1:00:06 AM

Your 3 lines seem to work in a filter once I add a filter criteria for SF to act on. (see sample filter below)

At first I though the space you have in front of the word entry was your problem but it seems to work with or without that space.

Ed S.

Fetcher[
set{A, ATR(6)} add column A
set{B, A * .5} add column b
set{entry, B + High} add column entry
add column High
close > 10
draw atr(6) Draw a draw b draw entry
]



nibor100
1,031 posts
msg #155893
Ignore nibor100
2/21/2021 1:15:35 AM

and if you want to shorten it and filter at the same time....

Fetcher[
set{B, Atr(6) * .5} add column b
add column High plus B {Entry} > 0
]



Please note that you have to put the column label info before the filter part of the add column statement otherwise SF will label that column "High + B" instead of "Entry"

Ed S.

novacane32000
331 posts
msg #155898
Ignore novacane32000
2/21/2021 9:53:36 AM

Appreciate the help!
Just experimenting with better entries for breakouts.

nibor100
1,031 posts
msg #155901
Ignore nibor100
2/21/2021 11:05:25 AM

@novacane32000,

I just reread your first post in this thread and you have the following statement:

"I want to enter at .5 * ATR (6) of the high of the day."

which seems to imply a subtraction from the High of the day not an addition.

If that's what you are really after then my 2 filters don't achieve it.

Thanks,
Ed S.

novacane32000
331 posts
msg #155911
Ignore novacane32000
2/21/2021 4:40:20 PM

Ed
Your first filter is exactly what I wanted.
I’m taking 50 % of the ATR(6) then adding to the high for an entry point.


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